Kenmare Resources (LON:KMR – Get Free Report) had its target price cut by investment analysts at Berenberg Bank from GBX 180 to GBX 160 in a report issued on Thursday, Digital Look reports. The firm presently has a “hold” rating on the stock. Berenberg Bank’s price objective would suggest a potential downside of 30.43% from the stock’s current price.
Kenmare Resources Price Performance
Kenmare Resources stock opened at GBX 230 on Thursday. The company has a debt-to-equity ratio of 26.20, a current ratio of 3.07 and a quick ratio of 1.22. The business has a 50 day simple moving average of GBX 196.39 and a 200-day simple moving average of GBX 204.90. Kenmare Resources has a 12 month low of GBX 171.40 and a 12 month high of GBX 294.50. The stock has a market capitalization of £203.89 million, a PE ratio of -0.78, a price-to-earnings-growth ratio of 0.03 and a beta of 0.67.
About Kenmare Resources
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